Robinhood Puts $25 Million Of Bitcoin On Its Own Balance Sheet
Summary
Robinhood bought $25 million in Bitcoin for its corporate balance sheet, separate from customer assets, marking its first proprietary BTC holding. The allocation is small compared with the company’s roughly $100 billion valuation and does not appear to be part of a recurring purchase program. Robinhood frames the move as a sign of alignment with Bitcoin and its broader crypto strategy, which includes expanding crypto products, international services and blockchain infrastructure.
